📰 ET Markets 🟢 BULLISH 🕒 31 Oct 2026, 09:41 AM IST

Indian Oil net profit triples YoY to 21,630 cr in Q2

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Core Development: Indian Oil net profit triples YoY to 21,630 cr in Q2

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Market & Financial Impact: Indian Oil experienced a remarkable surge in its net profit, which soared to ₹21,630 crore for the second quarter. This growth can be attributed to elevated pump prices and government subsidies for LPG sales. In contrast, the same quarter last year showcased a profit of only ₹7,610 crore. Moreover, operational revenue increased by 29%, reaching ₹2,62,935 crore, with the firm's operating profit from petroleum product sales more than doubling.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Indian Oil net profit triples YoY to 21,630 cr in Q2

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